(1) An applicant applying for a
Licence authorising it to carry on one or more of the Financial Services of Operating an Exchange and Operating a Clearing House must pay to the DFSA:
Operating an Exchange, an application fee of $150,000;
Operating a Clearing House, an application fee of $150,000; and
Operating an Exchange and Operating a Clearing House, an application fee of $300,000.
(2) An applicant referred to in (1) applying for an endorsement to carry on the Financial Service of
Operating an Alternative Trading System must pay to the DFSA an additional application fee of:
(a) $150,000 for Operating an ATS if it is to trade Security Tokens that are not admitted to trading on an Authorised Market Institution or other Regulated Exchange; or
(b) $65,000 in any other case.
(3) An applicant must pay an additional application fee of $10,000 for Operating an Exchange or ATS if it is to trade Investment Tokens and have Direct Access Members.